12991 Pierce Road

Saratoga CA 95070

85378 sq. ft.

Land

Currently for sale - view listing

Overview

22-Lot Luxury Home Development for Sale – Saratoga, CA | Entitled Builder Opportunity Exceptional land acquisition for production and semi-custom luxury builders seeking entitled residential inventory in Silicon Valley's most prestigious market. This 22-lot luxury single-family development offers a clear path to vertical construction with streamlined entitlements already in place. After closing, builders can advance toward final map recordation, execute horizontal improvements including mass grading and utility infrastructure, and leverage the Permit Expediting Act to secure building permits in as few as 90 days—accelerating project delivery and optimizing capital deployment. With projected luxury home resale values between $4M-$4.5M and proposed floor plans ranging from approximately 3,274 to 4,143 square feet, this development supports premium product lines with strong absorption potential and proven buyer demand for new construction luxury homes. Located minutes from downtown Saratoga with direct access to I-280 and Highway 85, the site commands top-tier pricing power backed by acclaimed Saratoga schools, upscale dining, wineries, and boutique shopping—the luxury lifestyle today's buyers expect. Sale includes vacant land, entitlements, and existing on-site improvements.

Features

85378 sq. ft. lot size

Land

Property history for 12991 Pierce Road

2024

Sold

$5,250,000

21 Jun 2024 by Helen Pastorino, of Pertria

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